IS New Project EA MT4 with SetFiles (Platform build 1441+)

IS New Project EA MT4: Configurable Trading with Grid Logic & Dynamic Exits

IS New Project EA is a configurable Expert Advisor (EA) designed for MetaTrader 4 (MT4), providing fine-tuned control over trade entries and risk. It’s built for traders who want to manage risk with a low lot size and a flexible exit strategy. The EA’s logic suggests a grid-based strategy using large spacing between orders. It combines a fixed Take Profit with a powerful trailing stop to lock in gains and allows for nearly full-day operation. With a focus on volatility filtering and visual customization, IS New Project EA is ideal for traders looking for a semi-automated system with precise control.

➡️ Vender website: View here

IS New Project EA MT4 Overview

Key Features of IS New Project EA

🔹Grid Strategy Logic: Uses large spacing and step sizes between orders, demonstrating a grid-based approach to entering and managing trades.
🔹Low Risk Entry: Starts with fixed small lot sizes, suitable for small accounts and low-risk trading environments.
🔹Flexible Exit Strategy: Combines fixed Take Profit with a dynamic stop loss, allowing for quick profit taking while securing profits from extended market swings.
🔹Volatility Filtering: Includes parameters to filter out noisy trades by evaluating the average bar percentage and minimum bar size, helping to avoid adverse market conditions.
🔹Wide Hours Operation: Operates most of the day, allowing for continuous trading opportunities while avoiding volatile market opening/closing hours.

Additional Features

🔹Visual Customization: Provides multiple color parameters for visual elements on the chart, such as buy/sell lines, text, and background, to enhance readability.
🔹On-Screen Information Display: Enables the on-screen dashboard to display real-time information, helping users track and monitor the EA’s performance.
🔹High Spread Tolerance: Allows high maximum spreads, indicating that the EA is designed to work even in markets with larger spreads.
🔹Min Profit Filter: The MinProfit parameter ensures that positions are only closed when the minimum profit threshold is reached.

IS New Project EA MT4 Review

1. IS New Project EA MyFxBook Results:

IS New Progect EA works on Real USD accounts and is verified by MyFxBook. The EA shows strong profitability with controlled risk, suitable for traders looking for high-growth Expert Advisors.

✅ Total Gain: +787.45%
✅ Deposit: $99.54
✅ Daily Gain: 4.05%
✅ Monthly Gain: 787.45%
✅ Drawdown: 6.65%

IS New Project EA Myfxbook Results

IS New Project EA Myfxbook Signal Results

2. IS New Project EA Backtest Results:

The IS New Project EA demonstrates highly consistent and profitable trading performance on MetaTrader 4, as evidenced by the detailed backtest report. Let’s break down the key metrics and evaluate what they reveal about this Expert Advisor’s capabilities:

✅ Initial Deposit: $34.06
✅ Net Profit: $55.37
✅ Win Rate: 95.35%
✅ Maximal Drawdown: 7.59%

IS New Project EA MT4 Backtest Results

Why choose the IS New Project EA?

🔹Precision Control: Provides a high level of control over trading behavior through a range of configurable parameters, from entry distance to volatility filters.
🔹Advanced Profit Lock: The combination of a fixed Take Profit and a powerful stop loss provides a powerful exit strategy that both ensures quick profits and maximizes returns.
🔹Adapts to Market Conditions: The EA is suitable for medium or range-bound markets, where its logic can be most effective.
🔹For Beginners: The small lot size and semi-automatic nature make the EA a good choice for traders who want to engage in automated trading in a controlled manner.
🔹Clear Visual Feedback: Customizable visual displays make it easy to monitor and understand the current status and actions of the EA on the chart.

Recommended Settings

Recommended settings and parameters to pay attention to from developers and experts:

==>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

✅ Experts: IS New Project EA.ex4
✅ Presets: New Project.set
➡️ Setting Guide

Conclusion: IS New Project EA – Precision Trading with Low Risk and High Returns

In short, IS New Project EA for MetaTrader 4 is a feature-rich and semi-automated Expert Advisor (EA) designed to deliver precision trading with configurable parameters and a strong focus on risk management. Using a grid-based logic with wide step spacing, fixed small lot sizes, and a flexible exit strategy combining fixed Take Profit and dynamic trailing stops, this EA offers traders a stable and reliable trading approach. Its built-in volatility filters and extended operating hours help minimize risk during high-impact periods, making it a powerful tool for those looking to trade in range-bound or moderate volatility markets.